Accelerate Fund

The Accelerate Fund provides a source of financing to early-stage Alberta startups with validated concepts and a path to scalability, but aren’t quite ready to scale with an institutional Series A raise yet. Accelerate Fund investments, including into SamDesk, StellarAlgo, DrugBank, PayShepherd, Userful, Virtual Gurus and Helcim, are helping Alberta tech companies to expand their revenue and customers, expand their teams and graduate to the next rounds of funding. The fund also helps to foster the growth of Alberta’s technology sector and diversify the province’s economy. The Accelerate Fund series was established by Alberta Enterprise Corporation to encourage more private capital investment into Alberta’s emerging technology sector. For startups to access Accelerate Fund investment, private angel investors need to be willing to invest equal or greater amounts into the investment round. In order to be eligible for investment, companies must meet these requirements. Before sharing your pitch, please confirm that you meet these criteria: ▪ We are an incorporated, private technology company ▪ We are headquartered in Alberta with more than 50% of employees in Alberta ▪ We have a proprietary technology developed and in market with customer traction and some revenue or strong preclinical trial data What types of companies does the Accelerate Fund consider investing in? ▪ Incorporated, private technology startup companies with a head office and more than 50% of employees located in Alberta. ▪ Product-based companies with proprietary technology/process and/or patents (awarded or filed). ▪ Companies in a technology sector including but not limited to life sciences, digital transformation, and artificial intelligence and other emerging opportunities. ▪ Companies that have committed investors to co-invest with the Accelerate Fund. ▪ Companies (that have a confirmed angel investor) or their angel investors may submit a pitch form to the Accelerate Fund.